The Day After: Yang Still Open To Deal; Angry Instiutionals; Shareholder Lawsuits Start

Not that this is a surprise, since analysts have been saying since this weekend that the “no” is not the final no. Yahoo (NSDQ: YHOO) CEO Jerry Yang now says that it was Microsoft (NSDQ: MSFT) who left the negotiating table, and that his team was still open to discussing a deal. In an interview to Reuters, he said: “If they have anything new to say, we would be open … I am more than willing to listen.”

Yang said he had spoken to many Yahoo shareholders since Saturday, and their reaction been all over the map. Yang said he is taking Ballmer’s withdrawal letter at “face value” and doesn’t know if this is a negotiating tactic. “My view is we are moving on and they said they’re moving on,” he added. Lots more at paidContent.org

For the latest on the Microsoft-Yahoo saga:
The Day After: Yang Still Open To Deal; Angry Instiutionals; Shareholder Lawsuits Start
Microsoft: Ok, So Now What?

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